Gold: $2333.72 -32.25
Silver: $29.74 -1.13
0

2016 1 oz Gold South African Krugerrand Coins (BU)

IN STOCK: In Our Vaults & Ready to Ship

Volume Pricing Current Spot Price: $2,333.72


QTY Check / Wire Crypto

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Card / Paypal
1+ $2,430.71 $2,456.03 $2,531.99
Sell-To-Us Price: Call Us

Call us at 1-866-898-4805 or email us at SellToUs@silver.com to receive custom bid pricing for this item. Note that Sell-To-Us are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone.

Any quantity available for $96.99 per oz over spot!

The world’s first gold bullion coin aimed directly at investors and collectors was the Gold South African Krugerrand. Introduced in 1967, the Gold South African Krugerrand reigned supreme as the number-one, and only, gold bullion coin in the world for more than a decade. Even after an economic boycott blocked its export to Western nations, the Krugerrand remained an extremely popular choice. Today, the 2016 1 oz Gold South African Krugerrand is available on Silver.com.

Coin Highlights:

  • Ships to you in a protective plastic flip, or mint tubes with 10 individual coins.
  • Actual gold content of 1 troy oz.
  • Produced by the South African Mint.
  • Available in Brilliant Uncirculated condition.
  • Features the image of Paul Kruger, the first and only President of South African Republic.
  • Springbok antelope on the reverse.

By 1980, the South African Krugerrand had become the single most popular gold coin in the world, accounting for 90% of sales in the global gold coin market. Even the Western boycott of South African goods as a result of its apartheid system couldn’t dent the popularity of the Krugerrand.

The coin was so named as a combination of the nation’s official currency, the South African Rand, and its first president of the old South African Republic, Paul Kruger. The Gold South African Krugerrand remained the sole gold bullion coin in the global marketplace until 1979 when the Royal Canadian Mint introduced the Gold Canadian Maple Leaf.

On the obverse of the Krugerrand is the left-profile portrait of Paul Kruger, who was a native Boer of South African descent. His portrait is encircled by the engraving of the state name in both English “South Africa,” and Afrikaans “Suid Afrika.”

The reverse features the national emblem of South Africa, the native Springbok antelope, one of the continent’s fastest land mammals. Its image is surrounded by the word “Krugerrand” above, the year of issue split on either side of the antelope image as “20 – 16,” and the coin’s metal content and weight.

Each of these Gold South African Krugerrand coins is available today in Brilliant Uncirculated condition, indicating that each has no signs of wear and tear. BU coins might, however, exhibit breaks in the luster, spotted surfaces, or contact marks as a result of the striking process.

If you have any questions about these products from the South African Mint, please don’t hesitate to ask. You can reach Silver.com associates at 888-989-7223, connect with us online using our live chat, or send us an email.

Additional information

Weight 1.00000 oz

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Brand: South African Mint

Condition: Brilliant Uncirculated

Mint: South African Mint

Gold Content: 1 Troy Ounce

Thickness: 2.84 mm

Diameter: 32.6 mm

Purity: .9167 Fine Gold

Mint Packaging: Tubes of 10

Images shown are examples only. Actual item appearance is subject to change, but will always correlate with title and description.

Lowest Price: $2430.71

Frequently Asked Questions

How much does shipping cost?

Our shipping costs are very simple and can be seen in the tiers below. There are absolutely no additional charges for handling or upcharging for P.O. Boxes of Alaska/Hawaii/APO addresses. What you see below is what you pay, and all orders include full insurance against in-transit loss, theft, or damage.

  • $0-$198 Orders: $9.95 Flat Rate (Base Shipping)
  • $199+ Orders: FREE Shipping (Base Shipping)

Exact shipping method depends upon your products and delivery address and will be shown on the checkout page (before you finalize your order). Also note, all orders totaling $1000+ will require a signature upon delivery.

When will I receive my order?

Orders typically ship within 1-2 business days of cleared payment. Payment clearing timeframes for all payment methods are listed below:

  • Credit/Debit Cards: Instant
  • PayPal: Instant
  • Paper Check: 3-5 Business Days Upon Receipt
  • Bank Wire: Instant
  • eCheck (ACH): 3-5 Business Days Upon Receipt
  • Ethereum: Instant Upon Receipt
  • Ripple: Instant Upon Receipt

If your order ships Base Shipping with Tracking (Our Choice - USPS or UPS), it typically will be received within 2-4 business days, depending on your delivery address. Unfortunately, we cannot gurantee delivery

How will my order be packaged?

All customer orders are packaged under high-definition cameras with great care and accuracy to ensure the correct products arrive in pristine condition. All packaging is extremely generic, and our labels on the outside of the box give no indication as to the valuables within. Please note, larger orders may require multiple parcels.

From where will my order ship?

The vast majority (99+%) of customer orders ship from our primary vault in Las Vegas, Nevada.

What if my order is lost or stolen in transit?

All Orders are fully insured by Silver.com from the time of carrier pickup to the time of finaly delivery, defined as a signature or delivery confirmation from the carrier. If your order is lost, damaged or stolen in transit, please reach out to us immediately so we can work with the carrier to recover your package or, failing that, begin the claims process.

What payment methods do you accept?

  • Credit/Debit Card - Min: $0, Max: $50,000
  • PayPal - Min: $0, Max: $60,000
  • Paper Check - Min: $0, Max: $100,000
  • Bank Wire - Min: $500, Max: $500,000
  • eCheck(ACH) - Min: $0, Max: $100,000
  • BitCoin - Min: $0, Max: $100,000
  • Ethereum - Min: $0, Max: $100,000
  • Ripple - Min: $0, Max: $100,000

Is my information secure?

We take data security very seriously. When you place an order with silver.com, your information is transmitted with the utmost SSL (secure socket layers) 256-bit protection. We also never have access to your credit/debit card details, as they are securely communicated directly to the payment processor (Authorize.net) and never retained by Silver.com. For this reason, we also don't process credit/debit card orders over the phone, as it is the least secure way to process those transactions.

In addition, all VISA and MasterCard orders undergo an additional step of user authentication - the respective Verified by VISA or MasterCard SecureCode programs. Upon completing checkout with a VISA or MasterCard credit/debit card, you may be promoted for additional details to confirm your identity and protect our customers against credit card fraud.

Finally, the data we do retain in our system, including but not limited to name, address, phone number, and order history, is never shared with or sold to any unrelated third-parties. Please review our Privacy Policy for full details on our data security measures.

How can I contact you?

Please feel welcome to call us toll free at 1(888) 989-7223 or use our Live Chat feature during normal business hours Monday through Friday, 08:00 a.m. to 06:00 p.m. CST. Alternatively, you can email us at help@silver.com and expect a response within 1 business day.

Please note, the Silver.com website accepts orders 24/7/365, so you can always lock in live product prices and make purchases outside of business hours.

Do you charge sales tax?

We are required to collect sales tax in certain states. You can review your states sales tax policy here: https://www.silver.com/taxes. You should always consult with a tax adviser for specific advice in your area.

Where does your spot price come from?

We use a live, up-to-the-second spot price feed supplied by Xignite.com, a worldwide leader in the data supply market.

Are your products actually in stock?

Yes. We are one of the few bullion dealers in the industry who only deems products "in stock" when we have them on-hand and ready to ship immediately. In the instance of a presale item, we denote that the product is on presale and the estimated shipping date. While we make the best efforts to hit presale dates, the dates are only estimates, given we cannot control mint production issues and/or carrier dealyes.

Why are multiple prices listed?

We offer a 4% discount to "cash" paying customers - with paper check, bank wire, and bitcoin payments being defined as cash. On many products, we are also able to offer volume discounts to customers purchasing large quantities of the same item. All volume pricing is laid out in the chart on the product's description page, as well as in the cart.

When do I lock in my price?

All prices are locked in at the time of purchase. Credit/debit card, PayPal, BitCoin, Ethereum, and Ripple orders are paid at the time of checkout, while paper check and bank wire orders require a credit/debit card on file to lock in your pricing while we await your payment. Please note, paper check and bank wire orders will NOT result in a charge to your card - we simple maintain the card on file while we await full payment by your selected payment method.

Do you ship internationally?

We currently only ship to addresses in the United States, including APOs.

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